The filming of a major new Marvel Studios movie will take place in New South Wales later this year thanks to a AUD$24 million injection from the Australan Federal Government.
It is an Untitled Marvel Studios Feature Film, with production to take place at Fox Studios Australia and other locations in Australia.
Minister for the Arts Mitch Fifield said the Government is ensuring Australia is a filming destination of choice for big budget productions and providing our local screen industry with a steady pipeline of work.
“We are very excited to have Marvel return to Australia following the incredible success of Thor: Ragnarok. Securing this latest production will bring over $150 million of new international investment, create 4700 new Australian jobs and use the services of around 1200 local businesses,” said Minister Fifield.
NSW Minister for the Arts Don Harwin said the production is expected to spend more than $100 million in NSW and create up to 770 jobs for local screen professionals.
“This is a big-budget superhero film which the NSW Government has secured for Sydney through it’s Made in NSW fund and is the first Marvel Studios movie to be based in NSW,” Mr Harwin said.
Minister Harwin said large-scale international productions provide an important boost to skills development as well as enhancing the profile of NSW as a place to do business.
“The film needs a large workforce of highly specialised special effects technicians and will also require sophisticated stunts, all of which NSW’s incredibly skilled and experienced screen industry can deliver,” said Mr Harwin.
“The film will also provide opportunities to develop and train a diverse workforce under the leadership of some of the world’s best film professionals.”
Mr Harwin said NSW companies have previously provided special effects and post production work on seven Marvel Studios productions, boosting the state’s reputation as a leading provider of these skilled services.
“Marvel Studios thanks the Australian and NSW Governments and is thrilled to be returning to Australia to work with the talented and highly skilled Australian crew, stunt performers and actors together with the thousands of small businesses across Australia that supply world class equipment, goods, facilities and services to large budget productions,” said David Grant Vice President from Marvel Studios.
Made in NSW, announced in June 2018 is a $10 million annual fund to support the attraction to NSW of significant international screen projects and major local TV drama production.
The Australian Government’s Location Incentive increases the existing Location Offset rate from 16.5% to 30% for eligible large budget international productions that are successful through the application process, helping to attract foreign investment to Australian shores.